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Cornerstone OnDemand (CSOD) was upgraded by Goldman Sachs (GS) to buy from neutral with a price target of $40, as near term expectations should be exceeded by the copmpany. A $40 price target was issued.

Shares are higher by about 4.6 percent.

Caterpillar (CAT) was upgraded by Piper Jaffray (PJC) to overweight from neutral due to declining inventory in China. A $113 price target was issued.